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SUI ETF Just Went 2X Leveraged on Nasdaq The gates just opened. The SEC officially approved the first-ever 2x leveraged ETF for $SUI. This is not a drill. A regulated product offering amplified exposure is now live on Nasdaq, courtesy of 21Shares. This move validates the $SUI ecosystem and brings serious institutional firepower to the table. When leverage meets TradFi rails, volatility explodes. Get ready. This is not financial advice. #SUI #ETFs #CryptoNews #Nasdaq #Leverage 🚀 {future}(SUIUSDT)
SUI ETF Just Went 2X Leveraged on Nasdaq

The gates just opened. The SEC officially approved the first-ever 2x leveraged ETF for $SUI . This is not a drill. A regulated product offering amplified exposure is now live on Nasdaq, courtesy of 21Shares. This move validates the $SUI ecosystem and brings serious institutional firepower to the table. When leverage meets TradFi rails, volatility explodes. Get ready.

This is not financial advice.
#SUI #ETFs #CryptoNews #Nasdaq #Leverage
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SEC Unleashes 2x SUI Tsunami! SEC just gave the green light! The first-ever 2x leveraged $SUI ETF (TXXS) is LIVE on Nasdaq. This is not a drill. Unprecedented, amplified, regulated exposure to $SUI just hit public markets. This changes everything. A new era for $SUI investing has officially begun. Don't miss this seismic shift. This is not financial advice. Trade at your own risk. #SUI #CryptoETF #Nasdaq #MarketShift #InvestNow 🚀 {future}(SUIUSDT)
SEC Unleashes 2x SUI Tsunami!
SEC just gave the green light! The first-ever 2x leveraged $SUI ETF (TXXS) is LIVE on Nasdaq. This is not a drill. Unprecedented, amplified, regulated exposure to $SUI just hit public markets. This changes everything. A new era for $SUI investing has officially begun. Don't miss this seismic shift.
This is not financial advice. Trade at your own risk.
#SUI #CryptoETF #Nasdaq #MarketShift #InvestNow
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🏛️ “Nasdaq Moves Into Tokenization — A New Era for Digital Securities Begins” Nasdaq has officially submitted its stock-token application to the SEC, signaling one of the biggest institutional transitions toward blockchain-based financial markets. This shift toward tokenized securities could completely redefine how investors access fractional ownership, liquidity, and cross-border tradability. Meanwhile, MSX is simultaneously preparing for its transition into tokenized markets — showing coordinated moves from major global financial entities. For crypto traders, this is a massive bullish signal for institutional adoption. Tokenization opens the door for trillions of dollars in traditional markets to eventually flow into blockchain ecosystems. #Tokenization #Nasdaq
🏛️ “Nasdaq Moves Into Tokenization — A New Era for Digital Securities Begins”

Nasdaq has officially submitted its stock-token application to the SEC, signaling one of the biggest institutional transitions toward blockchain-based financial markets. This shift toward tokenized securities could completely redefine how investors access fractional ownership, liquidity, and cross-border tradability. Meanwhile, MSX is simultaneously preparing for its transition into tokenized markets — showing coordinated moves from major global financial entities.
For crypto traders, this is a massive bullish signal for institutional adoption. Tokenization opens the door for trillions of dollars in traditional markets to eventually flow into blockchain ecosystems.

#Tokenization #Nasdaq
AririAtei:
dashboard
NASDAQ Approves 2X Leveraged SUI. The SEC Just Went Public. This is not a drill. The SEC just signed off on the first 2x leveraged $SUI ETF, now live on the Nasdaq. Forget boring spot exposure. Institutional money now has regulated, amplified exposure to $SUI through TXXS. This move validates the asset and officially transitions $SUI from a niche altcoin to a public market powerhouse. New cycles start exactly like this. Not financial advice. Trade carefully. #SUI #ETF #Crypto #NASDAQ #Leverage 🚀 {future}(SUIUSDT)
NASDAQ Approves 2X Leveraged SUI. The SEC Just Went Public.

This is not a drill. The SEC just signed off on the first 2x leveraged $SUI ETF, now live on the Nasdaq. Forget boring spot exposure. Institutional money now has regulated, amplified exposure to $SUI through TXXS. This move validates the asset and officially transitions $SUI from a niche altcoin to a public market powerhouse. New cycles start exactly like this.

Not financial advice. Trade carefully.
#SUI #ETF #Crypto #NASDAQ #Leverage 🚀
CEA Industries says it will continue holding BNB as a core part of its reserve strategy. The company currently keeps 515,554 BNB worth about 464.6M showing long term confidence in the asset. #BNB #Crypto #Markets #Nasdaq #Finance
CEA Industries says it will continue holding BNB as a core part of its reserve strategy.

The company currently keeps 515,554 BNB worth about 464.6M showing long term confidence in the asset.

#BNB #Crypto #Markets #Nasdaq #Finance
Pamila Pavlik v7Ok:
Pump expected soon
The SEC has approved the first ever 2x leveraged SUI ETF with the ticker TXXS. It will launch on NASDAQ through 21Shares and gives traders a new high powered way to gain exposure to SUI inside a fully regulated market. Another strong step for mainstream adoption. #SUI #CryptoNews #ETF #NASDAQ #Trading
The SEC has approved the first ever 2x leveraged SUI ETF with the ticker TXXS. It will launch on NASDAQ through 21Shares and gives traders a new high powered way to gain exposure to SUI inside a fully regulated market.

Another strong step for mainstream adoption.

#SUI #CryptoNews #ETF #NASDAQ #Trading
Billie Milford ARIX:
Keep pushing forward for maximum gains
First EVER Leveraged Crypto ETF Approved! 21Shares just made history. The SEC approved the FIRST EVER 2x Leveraged Crypto ETF for $SUI, ticker TXXS, listing on Nasdaq. This is a game-changer. It signals an unprecedented SEC shift, paving the way for $SUI Spot ETF + staking. Smart money is watching. This isn't an instant pump. Expect 1-2 weeks for absorption before the real explosion. Your window is closing. Position yourself now. This is bigger than you think. This is not financial advice. Do your own research. #SUI #CryptoETF #Nasdaq #Leverage #MarketShift 🚀 {future}(SUIUSDT)
First EVER Leveraged Crypto ETF Approved!

21Shares just made history. The SEC approved the FIRST EVER 2x Leveraged Crypto ETF for $SUI , ticker TXXS, listing on Nasdaq. This is a game-changer. It signals an unprecedented SEC shift, paving the way for $SUI Spot ETF + staking. Smart money is watching. This isn't an instant pump. Expect 1-2 weeks for absorption before the real explosion. Your window is closing. Position yourself now. This is bigger than you think.

This is not financial advice. Do your own research.
#SUI #CryptoETF #Nasdaq #Leverage #MarketShift
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📰 SEC Approves the World’s First 2× Leveraged SUI ETF — TXXS Hits Nasdaq with a Surge of Hype! The U.S. SEC just gave the green light to 21Shares 2x Long SUI ETF (Ticker: TXXS) — marking the first-ever leveraged SUI ETF to land on Nasdaq ⚡ This product lets traders capture 2× the daily price movement of SUI, offering a high-octane way to bet on the ecosystem without holding the token or opening risky futures positions. Clean, regulated, and definitely spicy. 🌶️ But here’s the caveat: it’s a daily leveraged ETF — meaning long-term holding doesn’t guarantee a clean 2× return due to compounding drift. Perfect for tactical traders, risky for the sleepy ones 😅 💭 What do you think — will TXXS push SUI back into the market spotlight? 👇 $SUI #21Shares #Nasdaq #LeveragedETF #CryptoETF
📰 SEC Approves the World’s First 2× Leveraged SUI ETF — TXXS Hits Nasdaq with a Surge of Hype!

The U.S. SEC just gave the green light to 21Shares 2x Long SUI ETF (Ticker: TXXS) — marking the first-ever leveraged SUI ETF to land on Nasdaq ⚡
This product lets traders capture 2× the daily price movement of SUI, offering a high-octane way to bet on the ecosystem without holding the token or opening risky futures positions. Clean, regulated, and definitely spicy. 🌶️

But here’s the caveat: it’s a daily leveraged ETF — meaning long-term holding doesn’t guarantee a clean 2× return due to compounding drift. Perfect for tactical traders, risky for the sleepy ones 😅

💭 What do you think — will TXXS push SUI back into the market spotlight? 👇

$SUI #21Shares #Nasdaq #LeveragedETF #CryptoETF
NASDAQ Greenlights First Ever 2X Leveraged Crypto ETF The market is currently in a brutal chop cycle—liquidation followed by accumulation—but if you look closely at the capital flow, a massive structural signal just dropped. 21Shares secured SEC approval to list a 2x leveraged $SUI ETF (ticker TXXS) on the Nasdaq. This is not just big news; it’s a paradigm shift. This marks the first leveraged crypto ETF ever approved by the SEC. Why does this matter beyond $SUI?1. Regulatory Shift: The SEC is evolving its stance. Moving from cautious gatekeeping (2021–2023) to approving leveraged derivatives shows they are starting to view crypto assets as a legitimate canvas for complex financial products, mirroring traditional markets. 2. Institutional Confidence: Leverage is a confidence signal. Issuers and market makers do not launch leveraged products unless they see significant demand runway and relative stability in underlying liquidity. 3. The New Narrative: We saw the psychological impact when $BTC Spot ETFs were approved. Now, we are seeing ETF access combined with leverage. Every time a new, legitimized financial vehicle enters crypto, smart money reacts strongly in subsequent cycles. The ultimate prize is an ETF product that combines staking yield and leverage. That trifecta—high performance, high yield, and prime exchange liquidity—is something traditional equity or commodity ETFs simply cannot compete with. While these structural news events rarely cause an immediate pump, they fundamentally shape the next bull market's capital inflow narrative. $SUI has now cemented itself as having one of the clearest narratives in the L1 space. This is not financial advice. Do your own research. #ETFs #SUI #CryptoRegulation #Nasdaq 🔥 {future}(SUIUSDT) {future}(BTCUSDT)
NASDAQ Greenlights First Ever 2X Leveraged Crypto ETF

The market is currently in a brutal chop cycle—liquidation followed by accumulation—but if you look closely at the capital flow, a massive structural signal just dropped.

21Shares secured SEC approval to list a 2x leveraged $SUI ETF (ticker TXXS) on the Nasdaq. This is not just big news; it’s a paradigm shift. This marks the first leveraged crypto ETF ever approved by the SEC.

Why does this matter beyond $SUI ?1. Regulatory Shift: The SEC is evolving its stance. Moving from cautious gatekeeping (2021–2023) to approving leveraged derivatives shows they are starting to view crypto assets as a legitimate canvas for complex financial products, mirroring traditional markets.

2. Institutional Confidence: Leverage is a confidence signal. Issuers and market makers do not launch leveraged products unless they see significant demand runway and relative stability in underlying liquidity.

3. The New Narrative: We saw the psychological impact when $BTC Spot ETFs were approved. Now, we are seeing ETF access combined with leverage. Every time a new, legitimized financial vehicle enters crypto, smart money reacts strongly in subsequent cycles. The ultimate prize is an ETF product that combines staking yield and leverage. That trifecta—high performance, high yield, and prime exchange liquidity—is something traditional equity or commodity ETFs simply cannot compete with.

While these structural news events rarely cause an immediate pump, they fundamentally shape the next bull market's capital inflow narrative. $SUI has now cemented itself as having one of the clearest narratives in the L1 space.

This is not financial advice. Do your own research.
#ETFs #SUI #CryptoRegulation #Nasdaq
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SEC just unleashed the SUI monster Forget the macro noise. The SEC just greenlit the first-ever 2X leveraged $SUI ETF (TXXS) for Nasdaq. This isn’t just adoption; this is amplified exposure. $SUI is already ripping past key resistance, fueled by a 28% surge in transaction volume, leaving competitors like $APT in the dust. Technicals confirm the breakout: CMF is positive and MACD is crossing up. The path to $2.00 is wide open. Prepare for maximum leverage effect. Not financial advice. Trade responsibly. #SUI #CryptoETF #Leverage #Nasdaq #Altcoins 🚀 {future}(SUIUSDT) {future}(APTUSDT)
SEC just unleashed the SUI monster

Forget the macro noise. The SEC just greenlit the first-ever 2X leveraged $SUI ETF (TXXS) for Nasdaq. This isn’t just adoption; this is amplified exposure. $SUI is already ripping past key resistance, fueled by a 28% surge in transaction volume, leaving competitors like $APT in the dust. Technicals confirm the breakout: CMF is positive and MACD is crossing up. The path to $2.00 is wide open. Prepare for maximum leverage effect.

Not financial advice. Trade responsibly.
#SUI #CryptoETF #Leverage #Nasdaq #Altcoins
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Among the top 10 largest Nasdaq firms, Amazon leads by far — spending about $73.2 billion on R&D in 2022. Next comes Alphabet with ~$39.5 billion, followed by Meta Platforms at $0.8 billion). Overall, these 10 giants collectively spent roughly $222 billion on R&D in 2022 — a sign of how heavily the Nasdaq’s biggest firms invest in innovation. #Nasdaq #amazon #FinancialGrowth
Among the top 10 largest Nasdaq firms, Amazon leads by far — spending about $73.2 billion on R&D in 2022.
Next comes Alphabet with ~$39.5 billion, followed by Meta Platforms at $0.8 billion).

Overall, these 10 giants collectively spent roughly $222 billion on R&D in 2022 — a sign of how heavily the Nasdaq’s biggest firms invest in innovation. #Nasdaq #amazon #FinancialGrowth
Among the Nasdaq’s top 10 biggest companies, Amazon stands far ahead, pouring roughly $73.2 billion into R&D in 2022. Alphabet follows with about $39.5 billion, and Meta Platforms comes next at around $30.8 billion. Collectively, these major players invested around $222 billion in research and development last year — a clear reflection of how aggressively the Nasdaq’s largest firms are pushing innovation. #Nasdaq #Amazon #FinancialGrowth
Among the Nasdaq’s top 10 biggest companies, Amazon stands far ahead, pouring roughly $73.2 billion into R&D in 2022.
Alphabet follows with about $39.5 billion, and Meta Platforms comes next at around $30.8 billion.

Collectively, these major players invested around $222 billion in research and development last year — a clear reflection of how aggressively the Nasdaq’s largest firms are pushing innovation.

#Nasdaq #Amazon #FinancialGrowth
Nasdaq-listed Sonnet shareholders have approved a merger with Hyperliquid Strategies Inc. and Rorschach I LLC. This approved merger will create a publicly traded digital asset treasury focused on the HYPE token, with a potential valuation of $1 billion. The deal, which had been delayed, will transform Sonnet BioTherapeutics into Hyperliquid Strategies Inc., a company that will manage a crypto treasury holding significant assets, including HYPE tokens and cash. This strategic shift marks a move from Sonnet's previous focus on immuno-oncology therapeutics to a Web3 and tokenized asset strategy. The combined entity is expected to hold approximately $888 million in assets, comprising $583 million in HYPE tokens and $305 million in cash. Additionally, Hyperliquid Strategies has filed for a $1 billion common stock offering to further expand its crypto holdings. The merger has been approved by Nasdaq and is expected to result in the new company's securities trading under a new ticker. #CryptoNewss #NASDAQ #hype #CPIWatch #CryptoMarket
Nasdaq-listed Sonnet shareholders have approved a merger with Hyperliquid Strategies Inc. and Rorschach I LLC. This approved merger will create a publicly traded digital asset treasury focused on the HYPE token, with a potential valuation of $1 billion. The deal, which had been delayed, will transform Sonnet BioTherapeutics into Hyperliquid Strategies Inc., a company that will manage a crypto treasury holding significant assets, including HYPE tokens and cash. This strategic shift marks a move from Sonnet's previous focus on immuno-oncology therapeutics to a Web3 and tokenized asset strategy. The combined entity is expected to hold approximately $888 million in assets, comprising $583 million in HYPE tokens and $305 million in cash. Additionally, Hyperliquid Strategies has filed for a $1 billion common stock offering to further expand its crypto holdings. The merger has been approved by Nasdaq and is expected to result in the new company's securities trading under a new ticker.

#CryptoNewss #NASDAQ #hype #CPIWatch #CryptoMarket
Alt5 Sigma, Trump-backed crypto partner, faces Nasdaq delisting after missing financial report deadline. Nasdaq notified Alt5 Sigma that it no longer meets listing requirements after the company failed to file its third-quarter financial report (Form 10-Q) for the period ending September 27, 2025. The company, which is a partner in the Trump family's World Liberty Financial crypto venture, received the "expected" non-compliance letter on December 2, 2025, and has until January 20, 2026, to submit a plan to regain compliance. An extension of up to 180 calendar days may be granted if the plan is approved. Details on the missed report: Reason for delay: Alt5 Sigma stated the delay is related to audit matters and the independent accounting firm. It had previously filed a Notification of Late Filing on November 12, 2025. Auditor resignation: The company told the SEC that its independent accountant, Hudgens CPA, resigned on November 21, 2025. However, according to Forbes, the auditor claims he informed Alt5 Sigma he would be stepping down before June 30. Governance issues: The company has also faced scrutiny for potential discrepancies in the reporting of its CEO's suspension. An internal email from September 4 indicated the CEO was on leave, while a later SEC filing stated the suspension was effective October 16. Stock price information (as of December 3, 2025): Last price: $1.59 Last close price: $1.56 Last price change: +$0.03 (+1.92%) 52-week range: $1.49 - $10.95 Stock price performance since Trump venture announced: The stock has dropped significantly since the World Liberty Financial deal was announced. Market Impact: The non-compliance letter does not immediately impact the trading of Alt5 Sigma's shares on Nasdaq. An indicator reflecting the non-compliance has been posted on Nasdaq's market data dissemination network. #ALT5Sigma #NASDAQ #TrumpCrypto #WLFI #CryptoNews
Alt5 Sigma, Trump-backed crypto partner, faces Nasdaq delisting after missing financial report deadline.

Nasdaq notified Alt5 Sigma that it no longer meets listing requirements after the company failed to file its third-quarter financial report (Form 10-Q) for the period ending September 27, 2025. The company, which is a partner in the Trump family's World Liberty Financial crypto venture, received the "expected" non-compliance letter on December 2, 2025, and has until January 20, 2026, to submit a plan to regain compliance. An extension of up to 180 calendar days may be granted if the plan is approved.

Details on the missed report:
Reason for delay: Alt5 Sigma stated the delay is related to audit matters and the independent accounting firm. It had previously filed a Notification of Late Filing on November 12, 2025.

Auditor resignation: The company told the SEC that its independent accountant, Hudgens CPA, resigned on November 21, 2025. However, according to Forbes, the auditor claims he informed Alt5 Sigma he would be stepping down before June 30.

Governance issues: The company has also faced scrutiny for potential discrepancies in the reporting of its CEO's suspension. An internal email from September 4 indicated the CEO was on leave, while a later SEC filing stated the suspension was effective October 16.

Stock price information (as of December 3, 2025):
Last price: $1.59
Last close price: $1.56
Last price change: +$0.03 (+1.92%)
52-week range: $1.49 - $10.95
Stock price performance since Trump venture announced: The stock has dropped significantly since the World Liberty Financial deal was announced.

Market Impact:
The non-compliance letter does not immediately impact the trading of Alt5 Sigma's shares on Nasdaq.
An indicator reflecting the non-compliance has been posted on Nasdaq's market data dissemination network.

#ALT5Sigma
#NASDAQ
#TrumpCrypto
#WLFI
#CryptoNews
Bitcoin dipped from ~$93,000 to under $92,000 following a slide in tech stocks, triggered by a report about Microsoft adjusting AI growth expectations. Key Points: · Trigger: A report from The Information stated Microsoft scaled back sales growth targets for its next wave of AI "agents" due to slower adoption. (Microsoft later denied lowering "sales quotas," and the headline was adjusted). · Market Reaction: Tech stocks fell swiftly. MSFT dropped ~3%, and the Nasdaq 100 reversed gains. · Crypto Impact: BTC followed the downside correlation with tech, dropping from overnight highs to near $91,800 before stabilizing around $92,300. ETH also pulled back from its session high. · Mixed Moves in Crypto Equities: · Miners: Mostly muted (IREN -2%, others slightly down). · Brokers/Others: MicroStrategy (MSTR) and Coinbase (COIN) gained, while newer entrants like Circle (CRCL) and eToro (ETOR) saw modest rises. The Takeaway: The crypto rally paused as the market showed continued sensitivity to Big Tech and AI narrative shifts. The quick reversal highlights the current high correlation between crypto and equity momentum. #Bitcoin #BTC #Crypto #CryptoNews #Markets #TechStocks #NASDAQ #Microsoft #AI #Trading #BinanceSquare $BTC {spot}(BTCUSDT)
Bitcoin dipped from ~$93,000 to under $92,000 following a slide in tech stocks, triggered by a report about Microsoft adjusting AI growth expectations.

Key Points:

· Trigger: A report from The Information stated Microsoft scaled back sales growth targets for its next wave of AI "agents" due to slower adoption. (Microsoft later denied lowering "sales quotas," and the headline was adjusted).
· Market Reaction: Tech stocks fell swiftly. MSFT dropped ~3%, and the Nasdaq 100 reversed gains.
· Crypto Impact: BTC followed the downside correlation with tech, dropping from overnight highs to near $91,800 before stabilizing around $92,300. ETH also pulled back from its session high.
· Mixed Moves in Crypto Equities:
· Miners: Mostly muted (IREN -2%, others slightly down).
· Brokers/Others: MicroStrategy (MSTR) and Coinbase (COIN) gained, while newer entrants like Circle (CRCL) and eToro (ETOR) saw modest rises.

The Takeaway: The crypto rally paused as the market showed continued sensitivity to Big Tech and AI narrative shifts. The quick reversal highlights the current high correlation between crypto and equity momentum.

#Bitcoin #BTC #Crypto #CryptoNews #Markets #TechStocks #NASDAQ #Microsoft #AI #Trading #BinanceSquare
$BTC
#Nasdaq notified Alt5 Sigma — a partner with the World Liberty Financial venture — that it is noncompliant for failing to file its third-quarter report
#Nasdaq notified Alt5 Sigma — a partner with the World Liberty Financial venture — that it is noncompliant for failing to file its third-quarter report
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🔥 $SUI на steroids! 2X ETF TXXS on Nasdaq — flying into the mainstream! Now you can catch doubled movements of SUI directly through ETF — without DeFi and smart contracts. A pure leveraged pit stop for aggressive trades. 💣 Why you need to catch this: 🚀 In a month, $10B went through DeFi on Sui ⚙️ Strong PoS economy + active staking 🧠 Real use cases: payments, DA protocols, game projects 📈 New ETFs provide liquidity → liquidity creates trends 🔥 Why buy SUI: ✨ Already in the institutional space — ETF = influx of fresh money ✨ A lot of capital will first come through ETF → supports spot ✨ SUI — a young L1 that has yet to reveal its full growth ✨ Mass transfer volumes = a live network, not a phantom 🎯 In short: ETF = access to new money → the network grows → SUI becomes scarce → price reacts. So SUI right now is not just a coin. This is an early entry into a network that just debuted on Nasdaq 🚀🔥 #sui #etf #NASDAQ #defi {spot}(SUIUSDT)
🔥 $SUI на steroids! 2X ETF TXXS on Nasdaq — flying into the mainstream!

Now you can catch doubled movements of SUI directly through ETF — without DeFi and smart contracts. A pure leveraged pit stop for aggressive trades.

💣 Why you need to catch this:
🚀 In a month, $10B went through DeFi on Sui
⚙️ Strong PoS economy + active staking
🧠 Real use cases: payments, DA protocols, game projects
📈 New ETFs provide liquidity → liquidity creates trends

🔥 Why buy SUI:
✨ Already in the institutional space — ETF = influx of fresh money
✨ A lot of capital will first come through ETF → supports spot
✨ SUI — a young L1 that has yet to reveal its full growth
✨ Mass transfer volumes = a live network, not a phantom

🎯 In short:
ETF = access to new money → the network grows → SUI becomes scarce → price reacts.

So SUI right now is not just a coin.
This is an early entry into a network that just debuted on Nasdaq 🚀🔥
#sui #etf #NASDAQ #defi
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Company #21Shares launched an exchange product (#ETF ) based on Sui $SUI with a leverage of 2x. This was reported by the Sui Foundation, which oversees the development of the eponymous blockchain. The project debuted on the exchange #Nasdaq under the ticker TXXS. It is a futures ETF, not a spot one. Its goal is to provide an investment result that corresponds to 200% of the daily price dynamics of SUI. The fund will invest not directly in the crypto asset but in derivative contracts. Thus, if the price of SUI increases, for example, by 1%, the price of ETF shares should increase by 2% and so on. The company positions the new product as an alternative to complex margin trading in the familiar structure of exchange-traded funds. The product is designed to provide investors with enhanced exposure to one of the most dynamic blockchains. #SUIupdate {future}(SUIUSDT)
Company #21Shares launched an exchange product (#ETF ) based on Sui $SUI with a leverage of 2x. This was reported by the Sui Foundation, which oversees the development of the eponymous blockchain.

The project debuted on the exchange #Nasdaq under the ticker TXXS. It is a futures ETF, not a spot one. Its goal is to provide an investment result that corresponds to 200% of the daily price dynamics of SUI.

The fund will invest not directly in the crypto asset but in derivative contracts. Thus, if the price of SUI increases, for example, by 1%, the price of ETF shares should increase by 2% and so on.

The company positions the new product as an alternative to complex margin trading in the familiar structure of exchange-traded funds. The product is designed to provide investors with enhanced exposure to one of the most dynamic blockchains.

#SUIupdate
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